Car companies are resorting to tactics that some experts warn will lead to trouble down the road.» Read More
Bank of America Corp. rose$. 18 or 1.1 percent, to $16.27. Citigroup Inc. rose$. 31 or. 6 percent, to $51.96. Goldman Sachs rose$. 66 or. 4 percent, to $179.77.
Sept 2- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, reported a more than seven-fold rise in quarterly profit helped by higher investment banking revenues. The bank's preliminary net profit rose to $82 million for the third quarter ended Aug. 31, from $11.7 million a year earlier.
Bank of America Corp. rose$. 04 or. 2 percent, to $16.13. Citigroup Inc. fell$. 08 or. 2 percent, to $51.57. Goldman Sachs fell$. 33 or. 2 percent, to $178.78.
Six- or seven-year loans, in some cases to buyers who would have been turned down in the past. As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road. Vehicle discounts have risen 5.5 percent from a year ago.
Bank of America Corp. rose$. 02 or. 1 percent, to $16.11. Goldman Sachs rose$. 01 or percent, to $179.12. Morgan Stanley rose$. 01 or percent, to $34.33.
*Dollar touches 105 yen for first time since January. LONDON, Sept 2- The euro slumped to a fresh one-year low against a broadly strong dollar on Tuesday on persistent speculation that the European Central Bank will introduce more aggressive monetary easing.
FRANKFURT, Sept 2- Expectations for further policy action at the European Central Bank's meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools to keep prices in check.
LONDON, Sept 2- The dollar hit its highest since January against the yen on Tuesday while a struggling euro sank to a one-year low against the greenback on expectations of a more aggressive easing programme in the euro zone.
*Citi, Commerz, DB, ENBD, MS, Stanchart to arrange deal. DUBAI, Sept 1- Emirates NBD, Dubai's largest lender, plans to sell a benchmark-sized capital-boosting bond, a document from lead managers said on Monday, looking to take advantage of favourable markets to strengthen its reserves.
September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.
LONDON, Aug 31- British newspapers reported the following business stories on Sunday. GlaxoSmithKline is facing a shareholder revolt over plans to shake up its board, with leading investors calling for the speedy departure of Chairman Christopher Gent.
Bank of America Corp. rose$. 08 or. 5 percent, to $16.09. Citigroup Inc. rose$. 26 or. 5 percent, to $51.65. JPMorgan Chase rose$. 29 or. 5 percent, to $59.45.
Scottsdale, Arizona- based Store Capital buys real estate from large tenants, such as chain restaurants, supermarkets and health clubs, and leases the properties back to the tenants. Reuters reported in July that Store Capital had hired banks to explore a potential offering that could raise $300 million to $500 million and value the company at about $2 billion.
Aug 29- Real estate company Store Capital Corp filed with U.S. regulators on Friday to raise up to $500 million in an initial public offering of common stock. The Scottsdale, Arizona- based company listed Goldman Sachs, Credit Suisse and Morgan Stanley among the underwriters to the IPO.
Bank of America Corp. rose$. 07 or. 4 percent, to $16.08. Citigroup Inc. rose$. 24 or. 5 percent, to $51.63. Goldman Sachs rose$. 83 or. 5 percent, to $178.48.
NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
NEW DELHI, Aug 29- The after-glow of Narendra Modi's election victory nearly four months ago is expected to have helped India's lumbering economy register its fastest growth in more than two years for the quarter ending in June.
Bank of America Corp. fell$. 19 or 1.2 percent, to $16.01. Citigroup Inc. fell$. 47 or. 9 percent, to $51.39. Wells Fargo fell$. 19 or. 4 percent, to $51.15.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 35 or. 7 percent, to $51.51. Goldman Sachs fell$. 65 or. 4 percent, to $177.16.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 37 or. 7 percent, to $51.49. Goldman Sachs fell $1.05 or. 6 percent, to $176.76.